Occupy Wall St Debate - Ocean Grove, NJ

Discuss the national Occupy Wall St debate in Ocean Grove, NJ.

Do you identify with the Occupy Wall Street movement?

Ocean Grove supports
Support
 
13
Oppose
 
12

Vote now in Ocean Grove:

Comments
1 - 4 of 4 Comments Last updated -
Fred

Asbury Park, NJ

#1 Nov 14, 2011
giving tax breaks to the rich and borrowing $$ from China. Why?
Gartha

Kansas City, MO

#2 Nov 15, 2011
Fred wrote:
giving tax breaks to the rich and borrowing $$ from China. Why?
What do you mean by "giving tax breaks to the rich"?
johnyreb

United States

#3 Nov 17, 2011
can't speak for Fred but the Bush tax cuts in 2001 and 2003 significantly reduced effective tax rates for upper income brackets and contributed about 4 trillion dollars to the national deficit.
http://en.wikipedia.org/wiki/Bush_tax_cuts
http://www.dailykos.com/story/2011/06/06/9825...
current tax rates for the top of the heap are much lower than the historic average of 61%.
http://newsjunkiepost.com/2010/11/22/the-top-...
Frank

Neptune, NJ

#6 May 12, 2014
Actually revenues to the treasury went up due to the Bush tax cuts!

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